Credit to the economy rose by N850 billion in February with lending to government accounting for 84 percent valued at N720 billion. This was the…
View More FG takes 84% of N850bn credit to the economy in FebruaryMonth: April 2020
Profit taking in Dangote Cement, Nestle, others cost equities N168bn
EQUITIES valuation declined by N168 billion last week following profit taking in some blue chip stocks, even as securities dealers reiterated call for caution given…
View More Profit taking in Dangote Cement, Nestle, others cost equities N168bnNaira under pressure, banks withholding Dollar supply
The decision of the Foreign Portfolio Investors, FPIs, to exit the country in the wake of the Coronavirus (COVID-19) pandemic as well as the huge…
View More Naira under pressure, banks withholding Dollar supplyCOVID-19 fight lacks proper coordination — Kpakol
Says Benchmark should be reduced to $20pbl …You can’t lockdown indefinitely …Where is protocol for re-opening economy? By Emma Ujah, Abuja Bureau Chief Former Chief…
View More COVID-19 fight lacks proper coordination — KpakolFleeing suspected COVID- 19 patient returns to Ondo Teaching Hospital
The suspected COVID-19 patient, who fled from the University of Medical Sciences Teaching Hospital, Ondo, has returned to the hospital. The Chief Medical Director (CMD)…
View More Fleeing suspected COVID- 19 patient returns to Ondo Teaching HospitalWhat government wont tell you about recession (5)
COVID-19: Nigeria’s economy to contract 3.4% —IMF – Vanguard, April 15, 2020, p.19 “FAAC, March allocations N582bn” – Daily Independent, April 20, 2020, p. 29…
View More What government wont tell you about recession (5)Q1’20: GTBank records 2.1% growth in profit
GUARANTY Trust Bank, GTBank Plc has posted a Profit Before Tax, PBT, of N58.2 billion for the period ended March 31, Q1,2020, indicating a marginal…
View More Q1’20: GTBank records 2.1% growth in profitNCAC distributes face masks, sanitisers to media houses
The Director-General of National Council for Arts and Culture, Otunba Olusegun Runsewe, recently in Abuja, distributed face masks and sanitizers to some media houses. Speaking…
View More NCAC distributes face masks, sanitisers to media housesChelsea opt against pay cut, tell players to donate to charity
Chelsea have said they will not impose a pay cut on their first-team squad in response to the coronavirus outbreak. But the Premier League side…
View More Chelsea opt against pay cut, tell players to donate to charityCustoms says 1,800 bags of rice released to Oyo good for human consumption
The Nigeria Customs Service, Oyo and Osun Command, on Saturday said the 1,800 bags of rice released as palliative to the Oyo State government were…
View More Customs says 1,800 bags of rice released to Oyo good for human consumption